Bass Oil: Announces November field production

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Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Bass Oil Announces November field production

  • Australian based Indonesian oil producer Bass Oil (BAS) announces November’s field production at the Tangai-Sukananti licence in the South Sumatra Basin
  • For the month, the project averaged 347 barrels of oil per day (bopd), which is slightly less than October’s result
  • Total production for the month was 10,403 barrels of oil JV share or 5722 barrels net to Bass
  • However, December is currently tracking higher production at 360 bopd
  • On the market today, Bass is up 33.3 per cent and trading at 0.2 cents per share
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